Saturday, December 21, 2024

Weekly Gas Storage: Inventories increase by 104 Bcf

Natural Gas Inventories as of June 2, 2023

The EIA has released its natural gas inventory report, showing a net increase of 104 Bcf as of June 2, 2023.

Working gas in storage was 2,550 Bcf as of Friday, June 2, 2023, according to EIA estimates. This represents a net increase of 104 Bcf from the previous week. Stocks were 562 Bcf higher than last year at this time and 353 Bcf above the five-year average of 2,197 Bcf.

At 2,550 Bcf, total working gas is within the five-year historical range.

 

Weekly Gas Storage: Inventories increase by 110 Bcf- oil and gas 360
Oil and Gas 360

 

Working gas in underground storage, Lower 48 states
Historical Comparisons
Stocks
billion cubic feet (Bcf)
Year ago
(6/02/23)
5-year average
(2017-21)
Region 6/02/23
5/26/23 net change implied flow Bcf % change Bcf % change
East 552 522 30 30 372 48.4 427 29.3
Midwest 604 577 27 27 450 34.2 486 24.3
Mountain 137 127 10 10 117 17.1 129 6.2
Pacific 164 151 13 13 209 -21.5 242 -32.2
South Central 1,093 C 1,070 23 37 C 839 30.3 913 19.7
   Salt 319 304 15 15 251 27.1 282 13.1
   Nonsalt 774 C 766 8 22 C 590 31.2 631 22.7
Total 2,550 C 2,446 104 118 C 1,988 28.3
2,197 16.1
Totals may not equal sum of components because of independent rounding.

All regions experienced a net increase. This week posted multiple corrections.

All regions, except for the the Pacific regions are above the five-year average.

 

 

Share: